Australia

ceto 5 and ceto 6

It’s been a long, hard winter for wave energy, with reports of failure and retrenchment streaming out of Europe. But, hey, it’s still summer Down Under, and Australia has delivered a rare sunny wave story. The question is whether the Carnegie Wave Energy system near Perth – it officially began piping energy to the grid… Keep reading →

Snow And High Winds Hit The UK

Just two weeks ago, the year 2014 was dubbed the hottest year on earth since the start of record keeping in 1880. Separate data compilations from NASA and the National Oceanic and Atmospheric Administration (NOAA) confirmed this 2014 record, as reported by Justin Gillis of The New York Times. Now, the Australian Climate Institute finds… Keep reading →

BHP Billiton Announces Record Financial Results

A blockbuster of an article is out today describing some highly questionable associations and dealings around Adana’s long-running scheme to turn the Galilee Basin of northern Queensland into a coal mine. The article, published this morning in the Sydney Morning Herald and reprinted in more than 100 papers across Australia, describes a “complex corporate structure”… Keep reading →

Julia Gillard Visits Papua New Guinea - Day 2

The recent surprise drop in crude oil prices is having big impacts on international LNG prices and may cause a slowdown in the development of LNG export plants globally. LNG is liquefied natural gas, cooled to a temperature of -260° F, for the purpose of compression and transportation. International shipments of LNG by container ship… Keep reading →

Tamar, The Natural Gas Production Platform Off The Israeli Coast, Is To Begin It's Natural Gas Production

Developing the abundant natural gas resources discovered offshore Israel is a complicated endeavor that involves considerable geopolitical diplomacy in addition to the traditional commercial details that must be worked out when building multi-billion dollar energy projects. “Natural gas is both a geopolitical tool and a target in Israel, where a newfound bonanza of resources has… Keep reading →

General Views Of Hazelwood Power Station

On 24 November 2014 the Australian Parliament passed the Carbon Farming Initiative Amendment Bill 2014 (Bill) which puts in place the Emissions Reduction Fund (ERF). The ERF is the cornerstone of the Australian Government’s Direct Action Plan climate change policy for the reduction of greenhouse gas emissions. It will provide AUD2.55 billion in financial incentives over four years for companies to voluntarily reduce emissions. The Government says its Direct Action Plan climate change policy will mean that Australia will meet the five percent emissions reduction target by 2020.

Worries Mount In Financial Markets Over Sunday's Vote In Greece

A new report by the Climate Council reports that new investment in renewable energy in Australia has dropped by 70%. “In the last five years most countries around the world had accelerated action on climate change, with China and the United States two of the global leaders on the issue, the report, Lagging Behind: Australia… Keep reading →

Sydney Goes Dark For Earth Hour

Recently, Australian state and federal officials, industry leaders, and international experts convened in Sydney at the third annual Eastern Australian Energy Markets Outlook conference to assess the prospects for the energy supply chain in Australia vis-à-vis their international competitors, including the United States. As long-time military allies and economic partners that share a strong diplomatic… Keep reading →

Strong Exports Force Coal Ships Bottleneck

Recently, the Australian Prime Minister Tony Abbott warned at the opening of the Caval Ridge coal mine in Queensland against the “demonization of coal.” According to the Sydney Morning Herald, PM Abbott stressed that “coal is good for humanity, coal is good for prosperity, coal is an essential part of our economic future, here in… Keep reading →

Solar Power Brings Light To Bedouin Arab Village

The Egyptian government wants the country to receive 20% of its power from renewable energy sources by 2020 and will auction 2GW of wind power capacity and 2GW of solar capacity next month to advance that goal. The country desperately needs to bolster its power generation capacity so it will also seek bids for 4… Keep reading →

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